Tuesday, February 15, 2011

Based on the continued improvement in its balance sheet, backlog, and its share repurchase plan, we definitely think the stock should trade above its historical peak of $18 per share. Using Conrad’s five year historical average EPS of $1.75 and giving it just a ten multiple and adding back excess cash gives a value of $22.50 per share, which is twice the current share price.

How aren't you concerned about this? Trying to round trip even a smallish position on this stock (50k?) will be 2x daily volume. You're going to be paying a huge premium just to establish a position.

If it's an extreme value, maybe it's worth it. But I'm guessing a value guy like you (and me) would still cringe at paying a front and back load in a small mutual fund run by a very talented investor that you thought would outperform the market it the long haul - essentially what you'd be doing here.

Hows that big crash, bears?? I thought Tommy Demark said he was confident the market would be sinking dramatically by now. What happened Tommy?

Now cb is down to touting pink sheet crap. Stuff that scammers love to hawk. On the pink sheets where info and full disclosure rules are lax.

Hey, red, if you don't like my laughing at the apocalyptic fools then you must love missing one of the greatest bull markets this country has seen. I can see why you're in a pissy mood. You followed cb into shorting nflx and the market last summer.....right before a market surge.

And the #1 reason I am bullish. Bulls don't end untill there is universal happiness and confidence in it.

We are not even close to a environment like that.

Interest rates rising? Not!!

Look at a multiyear chart and you will see rates in the same general levels they have been for a long time with the exceptions of a couple big over reaction rallies. No big thing. World markets are strong and getting stronger. So where is this apocalyptic world the bears see??

Blog Archive

Nothing on this blog shall be construed as investment advice or as legal advice. No site content (including advertisements) shall be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy.

The content on this site is provided without any warranties, express or implied, and does not constitute, and should not be taken as, investment advice.

The author and affiliates may and do hold positions in the securities and companies mentioned on this site. Any position disclosed on this site may be modified or reversed without notice to you.

The ideas expressed on this site are solely the opinions of the author. Any action that you take as a result of information, analysis, or advertisement on this site is solely your responsibility.

By accessing or using the RSS feeds on this site, you are agreeing to these terms and conditions: You may use the RSS Feeds on your Web Site for non-commercial use only, and with visible attribution. You may not sell, retransmit, redistribute, or commercially exploit the RSS Service, headlines or content in any manner except as expressly permitted by us. Credit Bubble Stocks reserves the right to discontinue providing RSS feeds and to require that you cease accessing or using the RSS feeds, or RSS feed content, at any time for any reason.